NOT LISTED FOR SALE

189 E Grand Ave Unit 206 Old Orchard Beach, ME 04064

Estimated Value: $395,000 - $426,000

2 Beds
2 Baths
637 Sq Ft
$430/mo HOA Fee

Last Sold May 11, 2023

Last sale price $355,000 $557 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,880/month

25 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Beach Access
  • In Ground Pool
  • Wood Flooring

About This Home

As of May 2023

Are you looking for a beach getaway? Looking to down size? Or maybe looking for the perfect Investment opportunity? Only 20 minutes to Portland and 1.5 hours from Boston. This meticulously maintained condo is being offers fully furnished and equipped, with wonderful rental history. This condo has many updates that won't disappoint. Just steps away are 7 miles of Maine's most beautiful beaches. Just 1 mile away you will find endless ways to enjoy old orchard beach. Come be entertained by the historic town of Old Orchard beach the famous square and pier. Don't forget to explore all the shops and restaurants. Spend your summer days soaking up the sun in true Maine fashion.

Last Agent to Sell the Property

Amanda Tanguay

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/11/2023

Last Buyer's Agent

Julie Lemieux

Old Orchard Beach Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Public Beach

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 637 Sq Ft Home
  • Furnished
  • Living Room
  • Water Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number OOBH-000301-000003-000001-000206

Community Details

Overview

  • 27 Units
  • FHA/VA Approved Complex

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,341

Year Built

Built in 1986

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Take East Grand heading towards Pine point Grand View will be on your right hand side.
  • Above Grade Finished Sq Ft: 637.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 626.37
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 637.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 430.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 27
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Kitchen Countertop:Formica: Yes
  • Parking Other Parking: Yes
  • Amenities:Furniture Included: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Transportation:Rail Available: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Are you looking for a beach getaway? Looking to down size? Or maybe looking for the perfect Investment opportunity? Only 20 minutes to Portland and 1.5 hours from Boston. This meticulously maintained condo is being offers fully furnished and equipped, with wonderful rental history. This condo has many updates that won't disappoint. Just steps away are 7 miles of Maine's most beautiful beaches. Just 1 mile away you will find endless ways to enjoy old orchard beach. Come be entertained by the historic town of Old Orchard beach the famous square and pier. Don't forget to explore all the shops and restaurants. Spend your summer days soaking up the sun in true Maine fashion.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Furniture Included, Storage
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Public Transit, Near Railroad
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Other

Utilities

  • Laundry Features: Washer Hookup, Laundry - Coin
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 430.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: OOBH-000301-000003-000001-000206
  • Zoning: BRD

Multi Family

  • Number Of Units In Community: 27

Tax Info

  • Tax Annual Amount: 3341.0
  • Tax Block: 3
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 11, 2023
Sold by
Parent Raymond and Parent Linda
Bought by
Silva Jose
Seller's Agent
Amanda Tanguay
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Julie Lemieux
Old Orchard Beach Realty LLC
List Price
$409,000
Sold Price
$355,000
Premium/Discount to List
-$54,000
-13.2%
Current Estimated Value
$406,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,758
Avg. Annual Appreciation
5.53%
Original Mortgage
$284,000
Outstanding Balance
$275,384
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,374

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 13, 2021
Sold by
Aisww Ft and Carvalho
Bought by
Parent Raymond and Parent Linda
Seller's Agent
Nancy Moreshead
The Real Estate Store
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$165,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silva Jose $355,000 None Available
Parent Raymond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Jose $284,000
Previous Owner Parent Raymond $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2023 05/11/23 Sold $355,000 -13.2% $557 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $409,000 +25.8% $642 / Sq Ft
12/13/2021 12/13/21 Sold $325,000 0.0% $510 / Sq Ft View Prior Sale
10/31/2021 10/31/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $325,000 -- $510 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,800 $349,300 $29,500 $319,800
2023 $3,720 $326,300 $28,800 $297,500
2022 $3,342 $273,000 $26,200 $246,800
2021 $3,077 $217,300 $22,200 $195,100
2020 $2,927 $189,800 $19,100 $170,700
2019 $2,942 $189,800 $19,100 $170,700
2018 $2,804 $183,300 $19,100 $164,200
2017 $2,890 $184,100 $17,800 $166,300
2016 $2,891 $187,000 $16,300 $170,700
2015 $2,839 $187,000 $16,300 $170,700
2014 $2,783 $187,000 $16,300 $170,700
2013 $2,633 $190,800 $16,300 $174,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amanda Tanguay

    Better Homes & Gardens Real Estate/The Masiello Group

  • J

    Buyer's Agent in 2023

    Julie Lemieux

    Old Orchard Beach Realty LLC

    (207) 229-5032

    6 in this area

    11 Total Sales

    Julie Lemieux
    Section Image

  • N

    Seller's Agent in 2021

    Nancy Moreshead

    The Real Estate Store

  • J

    Seller Co-Listing Agent in 2021

    John Murphy

    The Real Estate Store

    (207) 883-4327

    43 in this area

    90 Total Sales

    John Murphy
    Section Image
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Map

Source: Maine Listings

MLS Number: 1550761

Maine Listings

APN: OOBH-000301-000003-000001-000206

Maine York County Old Orchard Beach 04064

189 E Grand Ave Unit 206, Old Orchard Beach, ME

Not Listed for Sale

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